Facilitate retirement of workers over 65 until vaccine

This BBC report https://www.bbc.co.uk/news/uk-scotland-52214177 shows that the overwhelming risk of infection and death from Corona Virus is in the over 65 age group. The risk to the them should be explained. This group of workers should be invited to retire, using their accumulated, private and public pension rights.

Why the contribution is important

When people retire they reduce their social contact by 90% protecting themselves and others

by WMH004C on May 09, 2020 at 10:07AM

Current Rating

Average rating: 3.0
Based on: 7 votes

Comments

  • Posted by CarrieFortune May 09, 2020 at 10:22

    This is something only Westminster government can do. Over 65’s would have been retired before the change in pension rules and many want to be and can’t because of the change in rules. It’s very sad that now many more could loose their lives going to work before they get to retire. It also doesn’t make sense to have over 65s working whole young people furloughed and unemployed.
  • Posted by Dave_H May 09, 2020 at 10:24

    Another suggestion made a point that with the damage to the economy we are likely to be far from full employment for some time. If that is the case it makes sense to lower the state pension age and allow older workers to retire earlier leaving the jobs for the younger workers. Being young and unemployed sets you off to a very bad start in life which many may never fully recover from. Far better to make the jobs available for the young and facilitate the older workers, who will have already worked 40 or more years, to retire a bit earlier.
  • Posted by JimmyC May 09, 2020 at 13:40

    As a 66 year old who is currently at work, I would agree that retirement would be welcomed. However, the longer the current situation prevails it is more likely that the retirement age will increase as apposed to the opposite. At the end day mass unemployment is inevitable which will create huge pressure on the benefit system, a massive increase in personal debt will also accrue which will impact on financial institutions. The economy will suffer for many years to come and therefore unable sustain retirement at a younger age .
  • Posted by Dmkeith61 May 09, 2020 at 14:26

    Previous 60 for women and 65 for men should be reinstated for those wishing to take advantage, should not be mandatory. This would ease up the potential rise in unemployment and would surely be cheaper than having so many people on universal credit.
  • Posted by ellied1 May 10, 2020 at 08:32

    The introduction of Universal Basic Income could replace all means tested benefits and support those over 60 who wish to retire especially those struggling at work but unable to afford to leave until reaching pension ages they were never expecting to work to (WASPI generation women for instance). Many older staff want or need to work on, but are currently shielding and/or may struggle to go back in at the pace they previously maintained. They should be offered the choice and the financial support to do what is right for them and for the workplace, without pressure either way.
Log in or register to add comments and rate ideas

Idea topics